Position Summary:

The Accounts Payable/Receivable Manager I is responsible for assisting the Finance Shared Services Manager in supervising the day-to-day operations of Accounts Payable/Receivable Team to ensure that performance targets and objectives are met in order to provide high quality AP/AR services to RRX Business Units.Main tasks include monthly review with counterpart, trouble shooting, process improvement, standardization, migration of new process received, performance evaluation, consolidation of management report, mentoring of APRC specialist and Payment Processors (AP). Applies appropriate internal controls, related SOX policy and RRX finance policy and procedure.

Required Education / Experience / Skills:

Finance related course or business management course, with accounting units preferredAt least 7 years working experience, 5 years of which should be in end-to-end accounts payable (i.e., processing, netting, Control Account and Intercompany Statement Reconciliation, GRNI, GIT, and other month-end activities) and at least 1 year in Supervisory experience.

Specific Knowledge:

Practical knowledge of ERP applications (Oracle, Esker, any other Finance ERP)Proficient in MS Office applications (MS Word, Advanced Excel and PowerPoint)Internal Control Audit.

Skills:

1. Above average analytical skills2. Leadership skills3. Good communication skills4. Multi-tasking skills5. Teachable6. Team player7. Dependable8. Organized9. Good interpersonal skills10. Willing to extend working hours and during holidays11. With high regards to integrity12. Can adapt to a fast-paced environment

Major Responsibilities:

1. Supervise daily activities of the Accounts Payable/Receivable team to ensure complete and accurate processing of invoices or application of payments to invoices.2. Oversees end to end AP/AR Process of North America locations and other regions assigned and ensures KPIs are met and conducts monthly review with counterparts.3. Ensure proper reporting of payable/receivable balances at the end of each accounting period by following established procedures.4. May manage junior AP/AR leaders to work on functional improvements within finance.5. Collaborate with other departments to resolve any discrepancies or issues related to accounts payable and receivable.6. Ensure proper controls are in place surrounding the accounts payable/receivable function, including compliance with the company's accounting policies and procedures.7. Review and approve payment batches, ensuring proper authorization and adherence to company policies.8. Maintain relationships with vendors and customers, resolving any discrepancies or disputes in a timely manner.9. Monitor AP/AR aging reports and providing insights to senior management.10. Maintain accurate records and documentation for all financial transactions.11. Monitor and manage outstanding receivables, working to reduce DSO (Days Sales Outstanding) or manage payables to improve our DPO (Days Payable Outstanding)12. Provides hiring, promotion and disciplinary action recommendations, as well as performance evaluation and feedback for direct reports.13. Provides guidance in the accounts payable/receivable process for the team. Reviews accounts payable/receivable data ensure accuracy.14. Final reviewer of month-end invoicing activities and monthly reports submission.15. In-charge of ALL Sites / Entities of world area being handled.16. Mentoring / Coaching of AP/AR Team; training of staff for new process received.17. Participates in or leads projects in targeted improvement areas.18. Act as point person of escalated queries / issues of all regions served.19. Responsible for preparing the management reports related to the performance of the team20. Responsible on the following on recruitment: Hands-on exam of applicants; technical/skills Interview of applicants to be endorsed for final interview to the Manila Financial Controller or Finance Shared Services Manager.21. Serves as an effective back-up for Accounts Payable/Receivable coordinator under his/her team.22. Policy Making / Decision Making ResponsibilitiesDecisions are made through standard operating procedures. Limits decision through instructions from superior.Follows established routine. Data analysis must be exercised. Decisions are made out of available guidelines or precedents. Assignments are received in the form of results expected, but there is freedom to decide on the procedures to follow.Assignments are in the form of broad goals. There is broad latitude for decision making. Complex decisions / analysis are being made. Innovations and flexibility is being exercised.23. Network of Interaction Internal:Financial Services finance team, RBC HQ Finance Team, RBC Order Management Team, RBC Business Units / Regional Sites, Finance Teams in other World Areas (North America)---Business Unit Controllers, BU Finance Managers, BU Finance Directors.External:Suppliers / Vendors, Customers24. AP Manager (Applicable for Payments Only)a. Work Directly with Treasury, with Access to all Regal AP banking1. Perform high risk and critical tasks such as international wires, electronic payments,monitor returns, positive pay, and Supply Chain Trade Reporting.2. Responsible for all Foreign Currency wire translations and input into the system.b. Reconcile balances between suppliers or intercompany accounts by month-end.c. Report AP subledger and GRNI balances to Corp Accounting team and Segment Finance leaders monthly.d. Ensure all open invoices are received, posted, and paid by due date. Arrange working sessions with sites to resolve open issues timely. Make sure all invoices on month end aging are received, request any missing.e. Make sure Trade or I/C GRNI is reviewed and old receipts are reviewed with plant and cleared as needed.f. Eventually will assist with providing JE to Accounting to review and post. This will balance to AR statementg. Work with plant, buyers or sourcing teams to resolve invoice issues.h. Coordinate clean-up activities (GRNI, clearing, credit-netting, AP subledger)i. Responsible for Transactions mailbox, and Supplier Inquiry mailbox.j. Monthly IT Testingk. AP Import Management – Manage AP Imports, EDI, IR/ISO, Knockoff, Commissions, etc.l. Overall responsibility for all AP Payments to Suppliers and intercompany.Other responsibilities as required by the Manager / US POCs

Training Activities:

- ERP Systems (Oracle, Esker-for AP)

- MS Office Applications (Microsoft Power Platform, Advanced Excel, Powerpoint)

- Soft Skills training (meeting KPI, attitude, teamwork, customer service, interpersonal skills, time and stress management, English communication including business writing)

- Leadership Training

Travel: None

Language: English

About Regal Rexnord

Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.